The demand for wooden chairs can be modeled as D(p) = -0.01p + 6.55 million chairs where p is the price (in dollars) of a chair. According to the model, at what price will consumers no longer purchase chairs? $ per chair Is this price guaranteed to be the highest price any consumer will pay for a wooden chair? Explain. According to the model, consumers ? purchase chairs at prices of $ or higher. Since a demand schedule is a model of aggregate behavior, it guarantee individual behavior. What quantity of wooden chairs will consumers purchase when the market price is $79.95? () million chairs Calculate the market price at which 6 million wooden chairs are in demand, $ per chair Calculate the consumers' surplus when consumers purchase 6 million wooden chairs, $ million